ISLAMABAD- The Pakistani government and the K-Electric (KE) have finally agreed to sell off the KE to Shanghai Electric Power (SEP) after years of a standstill over the issue. In 2005, Dubai-based private equity firm Abraaj Group, Saudi business group Aljomaih Holdings, and National Industries ...

The government and K-Electric have agreed to sign a new Power Purchase Agreement (PPA) to supply a total of 2,050 MW to Karachi. According to the reports, under this agreement, the government will pay the tariff subsidy on time and clear its electricity bills through the K-Electric standby letter ...

ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) on Friday announced reduction in fuel adjustment charges for the month of May 2021. According to a notification issued by the power regulatory body, Central Power Purchasing Agency (CPPA) sought a reduction in fuel ...

On Wednesday, the National Electric Power Regulatory Authority (Nepra) approved a hike of Rs 0.64 per unit in electricity price. According to the details, the National Electric Power Regulatory Authority (NEPRA) has issued a notification to increase the price of electricity. According to the ...

ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) approved a 89 paisa increase in the power tariff on Tuesday. The increase has been made under the head of monthly fuel charges adjustment from January. The Central Power Purchasing Agency (CPPA) had requested to increase ...

ISLAMABAD: The KSE-100 index of the Pakistan Stock Exchange (PSX) Thursday witnessed bearish trend, losing 882.24 points, with negative change of 1.91 percent, closing at 47,278.54 points against 46,160.78 points on the last working day. A total 441,496,386 shares were traded during the day ...

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) has approved a 82-paisa per unit (kWh) increase in electricity rates of Distribution Companies (Discos) of ex-Wapda under quarterly tariff adjustment (QTA) mechanism. The move to generate over Rs84 billion to the bleeding ...

Pakistan Stock Exchange witnessed a 16-year high in terms of traded volume today. According to Arif Habib Ltd, today’s volume galloped to 1.010 billion shares (ready volumes), which is the highest volume after 16 years. Previously, volumes of 1.086 billion shares were on February 23, 2005. At ...

On Monday, the National Electric Power Regulatory Authority (Nepra) notified about Rs1.6 per unit increase in electricity tariff to generate about Rs8.40 billion additional revenue from consumers. The increase was allowed on account of monthly fuel cost adjustment (FCA) for electricity consumed ...

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) approved on Monday an increase of Rs1.11 per unit in power tariff on account of variations in fuel charges for the month of September 2020, putting a cumulative burden of Rs12 billion on consumers. The power regulator said that ...